XML 35 R23.htm IDEA: XBRL DOCUMENT v3.8.0.1
Earnings and Dividends Per Share
 3 Months Ended
Mar. 31, 2018
Earnings and Dividends Per Share  
Earnings and Dividends Per Share

18.    Earnings and Dividends Per Share

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended March 31,

 

($ in millions, except per share amounts; shares in thousands)

    

2018

    

2017

    

 

 

 

 

 

 

 

 

Net earnings attributable to Ball Corporation

 

$

125

 

$

68

 

 

 

 

 

 

 

 

 

Basic weighted average common shares (a)

 

 

350,215

 

 

350,048

 

Effect of dilutive securities (a)

 

 

7,337

 

 

7,886

 

Weighted average shares applicable to diluted earnings per share (a)

 

 

357,552

 

 

357,934

 

 

 

 

 

 

 

 

 

Per basic share (a)

 

$

0.36

 

$

0.19

 

Per diluted share (a)

 

$

0.35

 

$

0.19

 

(a)

Amounts in 2017 have been retrospectively adjusted for the two-for-one stock split that was effective on May 16, 2017.

 

Certain outstanding options were excluded from the diluted earnings per share calculation because they were anti-dilutive (i.e., their assumed conversion into common stock would increase rather than decrease earnings per share). The options excluded totaled 5 million for the first quarter of 2018 and 4 million for the first quarter of 2017.

 

The company declared and paid dividends of $0.10 per share in the first quarter of 2018 and $0.065 per share (on a post-stock split basis) in the first quarter of 2017.